Dont understand rental tax credit calculation

[aerobubbles]

hi all,

This is probably a stupid question but i really dont understand tat/revenue stuff. I have been renting a house the past number of years and i decided this year to apply for rent tax credits.

So i did the paye online thing and it says for 2008/09/10 gross relief due in in each year €2000, so i was delighted thinking i was going to get €6000 back but checked with bank just now and got 1650. Is there something i have taken up wrong? im sure there is but could someone please explain?

Really appreciate it

 

[Brendan Burgess]

Please read the Posting Guidelines and edit the title of your post accordingly

 

[Berni]

That is the gross amount that tax relief will be given on. You then get back 20% of that, so €400/year.